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  • #892,661
  • Apr 25, 2014 9:54am Apr 25, 2014 9:54am
Quoting maximinus
{quote} Davit, may I ask you a real silly question ?
go ahead
In trading, you have to be defensive and aggressive at the same time
  • #892,662
  • Apr 25, 2014 9:58am Apr 25, 2014 9:58am
Quoting Davit
{quote} go ahead
ok thanks.

How do you decide tu put your XABCD ? Each time I see a Gartley pattern, I'm tempted to put an A instead of X and it will give us an AB= CD bulllish in your chart ?
What am I missing ? Where am I wrong ?
Don't be smart. Be rich.
  • #892,663
  • Apr 25, 2014 9:59am Apr 25, 2014 9:59am
Quoting gatorinla
{quote} if it dont bounce before 4865 is hit,, i may have fu closing early. if so 4898 roughly + is where i may enter... its at 77, atm.. a 1/4 mark.. lets see if she bounces
nice bounce. back in at 4923, stops above high. slept through the opposite 1/4 mark at 4930.. either i give back half of what i made already. still waiting for a dragis wtf to kick in... while in some scalps.
those who can, do. those who cant, talk about those who can
  • #892,664
  • Apr 25, 2014 10:05am Apr 25, 2014 10:05am
It's like watching grass grow!!! Whaaaaaaa.......
  • #892,665
  • Apr 25, 2014 10:10am Apr 25, 2014 10:10am
Quoting maximinus
{quote} ok thanks. How do you decide tu put your XABCD ? Each time I see a Gartley pattern, I'm tempted to put an A instead of X and it will give us an AB= CD bulllish in your chart ? What am I missing ? Where am I wrong ?
X to A is always the longest leg from beginning of Butterfly ,Bat,Crab,Gartley 4 most profitable and common harmonic shapes. If you place A and don't see previous long leg X then you are looking at beginning of new X leg or completion of D leg from previous pattern.
These 4 harmonic patterns always start with X. I don't trade other shapes. AB=CD is often part of same harmonic shapes minus X leg.
Its easier seeing this visually

I have few good books on harmonics which I can email in PDF format.PM me with email and I will send
Attached Image (click to enlarge)
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In trading, you have to be defensive and aggressive at the same time
  • #892,666
  • Apr 25, 2014 10:21am Apr 25, 2014 10:21am
I still remember the days when the term "Freaky Friday" hat another meaning than what we see today. It really makes absolutely no sense for me.
  • #892,667
  • Apr 25, 2014 10:24am Apr 25, 2014 10:24am
Looks like the Eur/Usd is just going to bounce around in the NY session range the rest of the day.
  • #892,668
  • Apr 25, 2014 10:26am Apr 25, 2014 10:26am
Quoting Davit
{quote} X to A is always the longest leg from beginning of Butterfly ,Bat,Crab,Gartley 4 most profitable and common harmonic shapes. If you place A and don't see previous long leg X then you are looking at beginning of new X leg or completion of D leg from previous pattern. These 4 harmonic patterns always start with X. I don't trade other shapes. AB=CD is often part of same harmonic shapes minus X leg. Its easier seeing this visually I have few good books on harmonics which I can email in PDF format.PM me with email and I will send {image}
Ok thanks, I'll play with this, and I'll remember that X to A is the longest leg (that's the information i missed).
But you are adding confusion to my brain allready confused in saying that : " AB=CD is often part of same harmonic shapes minus X leg." How could it be ?
In the classical AB=CD the theoretical target is near 1.40XX and with the Gartley XABCD you put your target (a bearish one) at 1.35xx



Conclusion : the trader has to make his choice a priori to trade either the classical ABCD or Gartley XABCD, but one can't trade both ? Am I correct at least on this point ?
Don't be smart. Be rich.
  • #892,669
  • Apr 25, 2014 10:26am Apr 25, 2014 10:26am
Quoting CandleStar
I still remember the days when the term "Freaky Friday" hat another meaning than what we see today. It really makes absolutely no sense for me.
lot of algos trading now.One can see any movement is rabidly countered
Just BS time now real moves most likely will start in MAY
In trading, you have to be defensive and aggressive at the same time
  • #892,670
  • Apr 25, 2014 10:30am Apr 25, 2014 10:30am
Quoting maximinus
{quote} Ok thanks, I'll play with this, and I'll remember that X to A is the longest leg (that's the information i missed). But you are adding confusion to my brain allready confused in saying that : " AB=CD is often part of same harmonic shapes minus X leg." How could it be ? In the classical AB=CD the theoretical target is near 1.40XX and with the Gartley XABCD you put your target (a bearish one) at 1.35xx Conclusion : the trader has to make his choice a priori to trade either the classical ABCD or Gartley XABCD, but one can't trade both...
PM me your Email.
To answer your question All major Harmonic patterns contain ABCD pattern when you dismiss counting X leg.Its a question length of D leg.
In trading, you have to be defensive and aggressive at the same time
  • #892,671
  • Apr 25, 2014 10:32am Apr 25, 2014 10:32am
Quoting Davit
{quote} PM me your Email.
Sent.
Don't be smart. Be rich.
  • #892,672
  • Apr 25, 2014 10:37am Apr 25, 2014 10:37am
aud:
Attached Image (click to enlarge)
Click to Enlarge Name: audusd180414.PNG Size: 53 KB
More on my Blog...
  • #892,673
  • Apr 25, 2014 10:39am Apr 25, 2014 10:39am
Quoting Davit
{quote} PM me your Email. To answer your question All major Harmonic patterns contain ABCD pattern when you dismiss counting X leg.Its a question length of D leg.
So do you agree with me, if I say that with the chart you posted, one (I) can trade it bullish as a classical AB=CD and another one (you) can trade this bearish XABCD. ?
The D leg being in formation, only at the end we will know if you were right or me ? Same chart, different interpretation ?
Don't be smart. Be rich.
  • #892,674
  • Apr 25, 2014 10:48am Apr 25, 2014 10:48am
Quoting maximinus
{quote} So do you agree with me, if I say that with the chart you posted, one (I) can trade it bullish as a classical AB=CD and another one (you) can trade this bearish XABCD. ? The D leg being in formation, only at the end we will know if you were right or me ? Same chart, different interpretation ?
I trade daily chart and base my decisions on it.I don't see bullish ABCD pattern on daily.
If you could show me on chart that would be helpful.
Materiel sent...
In trading, you have to be defensive and aggressive at the same time
  • #892,675
  • Apr 25, 2014 10:53am Apr 25, 2014 10:53am
Quoting Davit
{quote} I trade daily chart and base my decisions on it.I don't see bullish ABCD pattern on daily. If you could show me on chart that would be helpful. Materiel sent...
I've taken your chart.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.PNG Size: 50 KB
Don't be smart. Be rich.
  • #892,676
  • Apr 25, 2014 11:08am Apr 25, 2014 11:08am
Quoting maximinus
{quote} I've taken your chart. {image}
Chart
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.daily.png Size: 57 KB
Don't be smart. Be rich.
  • #892,677
  • Apr 25, 2014 11:11am Apr 25, 2014 11:11am
Quoting maximinus
{quote} I've taken your chart. {image}
Its wrong A is not A but X.If you look at my original chart C leg.As long as C is not violated pattern is valid that is Bearish.
Please read the material I sent you.
In trading, you have to be defensive and aggressive at the same time
  • #892,678
  • Apr 25, 2014 11:15am Apr 25, 2014 11:15am
Quoting Davit
{quote} Its wrong A is not A but X.If you look at my original chart C leg.As long as C is not violated pattern is valid that is Bearish. Please read the material I sent you.
Ok, it's coherent, and I'm less confused. Thanks.

PS/ Still nothing in the inbox
Don't be smart. Be rich.
  • #892,679
  • Apr 25, 2014 11:18am Apr 25, 2014 11:18am
Quoting maximinus
{quote} Ok, it's coherent, and I'm less confused. Thanks. PS/ Still nothing in the inbox
file too big.
You should have Gmail.Free and has huge space.
In trading, you have to be defensive and aggressive at the same time
  • #892,680
  • Apr 25, 2014 11:21am Apr 25, 2014 11:21am
Quoting Davit
{quote} file too big. You should have Gmail.Free and has huge space.
Ok will create one @gmail and let you know. Thank you for your patience and your time. Enjoy your week end.
Don't be smart. Be rich.
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